DAR ES SALAAM (Reuters) - British gas and oil firm BG Group plans to step up its presence in gas exploration in east Africa's second-biggest economy by investing $500 million in Tanzania this year, the government said on Tuesday. … [Read more...]

JOHANNESBURG (Reuters) - South Africa's government bonds weakened on Tuesday, with investors trading cautiously as they waited to see what Finance Minister Pravin Gordhan's budget says about the deficit and borrowing plans. … [Read more...]

NAIROBI (Reuters) - The average price for the top tea in Kenya, the world's leading exporters of black tea, fell to $3.38 per kg at auction this week from $3.41 the previous week, while volumes on offer fell, brokers said on Tuesday. … [Read more...]

JOHANNESBURG (Reuters) - Impala Platinum, the world's second-largest platinum producer, said on Tuesday it was hopeful that most of the workforce at its Rustenburg operations would be persuaded by union leaders to return to work. … [Read more...]

JOHANNESBURG (Reuters) - South African stocks edged up 0.15 percent on Tuesday, with some gold firms such as Harmony and banks ticking higher after the long-awaited Greek bailout deal soothed concerns about a default in the euro zone. … [Read more...]

NIAMEY (Reuters) - Areva's Imouraren uranium mining project in Niger will likely start production in 2014 after delays caused by kidnappings of foreign workers in the country's north, mines minister Omar Hamidou Tchiana said on Tuesday. … [Read more...]

(Reuters) - Paladin Labs Inc said it plans to buy a near 45 percent stake in South Africa's Litha Healthcare Group Ltd in a complex deal to expand its footprint in the region. … [Read more...]

ABIDJAN (Reuters) - Year-on-year inflation in Ivory Coast rose to 2.3 percent in January, from 1.9 percent in December, figures of the National Statistics Institute showed on Tuesday. … [Read more...]

ABUJA (Reuters) - Attacks on oil pipelines, a dearth of funding from the state oil firm and regulatory uncertainty have dampened appetite for exploration of Nigeria's huge oil and gas reserves, its biggest producer Royal Dutch Shell said on Tuesday. … [Read more...]

LONDON (Reuters) - British oil firm Tullow Oil said a long-awaited $2.9 billion deal to bring in French oil major Total and Chinese group CNOOC as partners to develop its oil fields in Uganda closed on Tuesday, paving the way for commercial oil production to start in the African country. … [Read more...]

SINGAPORE (Reuters) - The euro jumped and Asian stocks pared losses on Tuesday after euro zone policy makers agreed to a second bailout package for Greece in marathon talks that went deep into the Brussels night. … [Read more...]

SINGAPORE (Reuters) - Spot gold rose slightly on Tuesday as the dollar weakened after euro zone finance ministers delivered on expectations and sealed a deal for a second bailout for debt-laden Greece. … [Read more...]